Citadel Diversified Investment Trust
TSX : CTD.UN

Citadel Diversified Investment Trust

March 14, 2007 20:15 ET

Citadel Diversified Investment Trust 2006 Income Tax Information

CALGARY, ALBERTA--(CCNMatthews - March 14, 2007) - The following information is intended to assist holders of Units of Citadel Diversified Investment Trust (TSX:CTD.UN) (the "Trust") in the preparation of their 2006 Income Tax Return. This summary table below is directed to a Unitholder who, for the purposes of the Income Tax Act (Canada) is a resident of Canada and holds the Units as capital property.



Record Eligible Non-Eligible
Date Pay Date Income Dividends Dividends

31-Jan-06 15-Feb-06 $ 0.0497 $ 0.0033 $ 0.0003
28-Feb-06 15-Mar-06 $ 0.0497 $ 0.0033 $ 0.0003
31-Mar-06 17-Apr-06 $ 0.0497 $ 0.0033 $ 0.0003
30-Apr-06 15-May-06 $ 0.0497 $ 0.0033 $ 0.0003
31-May-06 15-Jun-06 $ 0.0497 $ 0.0033 $ 0.0003
30-Jun-06 14-Jul-06 $ 0.0497 $ 0.0033 $ 0.0003
31-Jul-06 15-Aug-06 $ 0.0497 $ 0.0033 $ 0.0003
31-Aug-06 15-Sep-06 $ 0.0497 $ 0.0033 $ 0.0003
30-Sep-06 16-Oct-06 $ 0.0497 $ 0.0033 $ 0.0003
31-Oct-06 15-Nov-06 $ 0.0497 $ 0.0033 $ 0.0003
30-Nov-06 15-Dec-06 $ 0.0497 $ 0.0033 $ 0.0003
31-Dec-06 15-Jan-07 $ 0.0497 $ 0.0033 $ 0.0003
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$ 0.5964 $ 0.0396 $ 0.0036
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Record Capital Return of Total
Date Pay Date Gain Capital Distribution

31-Jan-06 15-Feb-06 $ 0.0097 $ 0.0220 $ 0.0850
28-Feb-06 15-Mar-06 $ 0.0097 $ 0.0220 $ 0.0850
31-Mar-06 17-Apr-06 $ 0.0097 $ 0.0220 $ 0.0850
30-Apr-06 15-May-06 $ 0.0097 $ 0.0220 $ 0.0850
31-May-06 15-Jun-06 $ 0.0097 $ 0.0220 $ 0.0850
30-Jun-06 14-Jul-06 $ 0.0097 $ 0.0220 $ 0.0850
31-Jul-06 15-Aug-06 $ 0.0097 $ 0.0220 $ 0.0850
31-Aug-06 15-Sep-06 $ 0.0097 $ 0.0220 $ 0.0850
30-Sep-06 16-Oct-06 $ 0.0097 $ 0.0220 $ 0.0850
31-Oct-06 15-Nov-06 $ 0.0097 $ 0.0220 $ 0.0850
30-Nov-06 15-Dec-06 $ 0.0097 $ 0.0220 $ 0.0850
31-Dec-06 15-Jan-07 $ 0.0097 $ 0.0220 $ 0.0850
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$ 0.1164 $ 0.2640 $ 1.0200
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Each Unitholder will receive a T3 supplementary slip for 2006 that will indicate the amount of "Other Income" - Box 26, "Eligible Dividends" - Box 49, "Non-Eligible Dividends" - Box 23, and "Capital Gains" - Box 21 that are to be included in their tax return. The dividends will be subject to the gross-up and federal dividend tax credit rules. The T3 supplementary slips are prepared by Computershare Trust Company of Canada and/or investment dealers. Unitholders are advised to contact their investment dealer directly if they do not receive their T3 supplementary slip.

The return of capital to the Unitholder is a non-taxable amount and will reduce the Adjusted Cost Base of the Unitholder's Units.

If the Units were held within a RRSP, DPSP, or RRIF, then no T3 slip would be received and no amount would be required to be reported on the Unitholder's personal tax return.

Contact Information

  • Citadel Diversified Investment Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com